I present below the ratio chart of $NDX to $SPX. The big question: is this the ideal place to buy tech stocks, since we’re at the supporting trendline, or is this the place where support cracks and tech goes from Bad to Worse? I’m guess…
As inflation remains at the highest level in more than 40 years, millions of Americans are facing financial hardship due to rising consumer prices. According to a survey conducted by Gallup in August, the majority of U.S. adults now say that price incr…
While the hotter-than-expected inflation reading for August is a major setback in America’s fight against surging prices, it came at a time when optimism was slowly building among Americans. According to the latest Survey of Consumer Expectations, a mo…
Despite a 10.6 percent drop in gasoline prices, inflation showed little signs of cooling in August, as prices rose 0.1 percent compared to July and 8.3 percent compared to August 2021. According to the Bureau of Labor Statistics, increases in prices fo…
What happened in the stock market on September 13 (-178 on the S&P and -1276 on the Dow), was inevitable. The timing was a complete…
Originally posted at Capitalstool. The Fed just can’t keep up with the one market that it is actually supposed to control. Short term interest rates.
I’m on my way from Rennes to Paris today. I’ll spend a few more days in Paris before returning home to Nice at the end of the week. In between travel days and walkabout days, I’ll be posting on Liquidity Trader and here from time to time.
Yesterd…
Where the US stock market is headed is another story, but I’m on a short day trip from Rennes to St. Malo today. https://en.wikipedia.org/wiki/Saint-Malo
Last week was tough. I had too many winners on my chart pick list, so of course the market to…
Trailing stops did their job last week, taking out all 11 remaining older picks on the short side with profits on 9 of the 11.…